‘‘We employ Romanian lawyers who have studied or practiced abroad,’‘ said Daniel Badea (photo), Managing Partner at Badea Clifford Chance.
Lawyers working for the company in Romania will be trained at the Clifford Chance center in London. According to Badea, the company will try to employ 10-15 new lawyers in 2007, considering the large increase in activities.
The firm’s turnover virtually tripled in 2006 from 2005, with a 180 percent increase. Badea did not mention the absolute value of the company’s business in Romania.
Badea Clifford Chance currently employs 25 lawyers and four partners. The law firm is negotiating the employment of five lawyers practicing abroad, two in London, one in the USA one in Brussels and one in Frankfurt, according to Badea. ‘‘We have also hired a lawyer from Paris,’‘ he added.
Clifford Chance, Salans and Linklaters are the most important international law firms operating in Romania. The business law market was estimated at over €100 million in 2006, and major players on this market are Nestor Nestor Dinculescu Kingston Petersen, Musat & Asociatii, Tuca, Zbarcea &Asociatii, Bostina si Asociatii, Linklaters, and Popovici & Asociatii.
